Too everyone saying XSV may be in violation of Fincen regulations...
Crypto has been recognized as PROPERTY! Not currency.
Go spread your fud somewhere else.
You are referring to the IRS not the Department of Treasury.
The term "money transmission services" means "the acceptance of currency, funds, or other value that
substitutes for currency from one person and the transmission of currency, funds, or other value that substitutes for currency to another location or person by any means."